8, ASH DRIVE, REDHILL, RH1 6RR - £212,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 ASH DRIVE is a very small semi-detached house of 54m², built sometime between 1991 and 1995, which could now be worth an estimated £316,392. It was last sold for £212,500 in July 2014, which was around 40% below the average July 2014 semi-detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was B.

8 ASH DRIVE Sold Prices

Land registry data shows four sales for 8 ASH DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the four 8 ASH DRIVE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2014 18 JUL	£212,500	£355,219	40% below HPI
2013 3 MAY	£206,000	£305,384	33% below HPI
2007 14 DEC	£200,000	£305,555	35% below HPI
2006 19 MAY	£165,000	£258,749	36% below HPI

8 ASH DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Reigate and Banstead local authority area over time, sourced from the HPI. The four 8 ASH DRIVE sales between May 2006 and July 2014 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 2013 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the July 2014 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 8 ASH DRIVE be worth now?

8 ASH DRIVE might now be worth an estimated £316,392.

This is based on house price inflation of 48.9%, between July 2014 and February 2025, for semi-detached houses, in the Reigate and Banstead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 48.9% inflationary increase is applied to the most recent sale price for 8 ASH DRIVE of £212,500 on 18th July 2014. For the value to have increased from £212,500 to £316,392 over the eleven years and five months to February 2025, the following assumptions must hold true:

• The value of 8 ASH DRIVE has moved in line with the HPI for semi-detached houses in the Reigate and Banstead local authority area.
• The July 2014 sale price of £212,500 represented a fair market value for the property.
• The size, condition, and specification of 8 ASH DRIVE has not materially changed since July 2014.

How Large is 8 ASH DRIVE?

8 ASH DRIVE is 54m² according to the EPC inspection conducted in January 2013. This puts it in the smallest 10% of semi-detached houses houses in Redhill, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Redhill, and where 8 ASH DRIVE lies on this distribution: 1% of semi-detached houses houses are smaller than 8 ASH DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Redhill.

8 ASH DRIVE: Plot and Title Map

8 ASH DRIVE sits on a plot of roughly 0.038 of an acre, or 155m². The below map shows the location of 8 ASH DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 8 ASH DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 8 ASH DRIVE?

8 ASH DRIVE is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 8 on ASH DRIVE.